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Newsletter

Newsletter by Index-Asia

Some of the latest selected deals of the area:

June 2019 Newsletter – Index Asia Ltd.

 

Energy – USD458.7m
[Energy][Investment] SNAP invests P24 million for floating solar power project in Isabela
[Energy][Fundraising] Petron Corp. lists P20-billion preferred shares on PSE
[Energy][Acquisition] AC completes acquisition of 51.4% stake in Phinma Energy
[Energy][Investment] New Warada joint entity to target clean energy investments with backing of CEFC and Ironstone
[Energy][Investment] Meralco eyes green energy projects

Telecom – USD0.0m
[Telecom][Repayment] ABS-CBN eyes early P6-B bond redemption
[Telecom][Expansion] Aboitiz, Frontier Towers to jointly build common towers
[Telecom][Expansion] TBGI ties up with Chinese firm for roll out of common towers

Real Estate – USD135.9m
[Real Estate][Expansion] IDC forms unit for Mindanao
[Real Estate][IPO] DoubleDragon eyes P60B from REIT listing
[Real Estate][Expansion] Villar’s Starmalls to be renamed Vistamalls amid expansion
[Real Estate][Repayment] FLI completes payment of P7-B in bonds
[Real Estate][Fundraising] Italpinas to raise up to P650M from preferred share issuance

Finance USD0.0m
[Finance][Tech][Acquisition] Chinese fintech firms eye rural banks in Philippines to crack e-payments
[Finance][Acquisition] PCC OKs EastWest acquisition of PBCom auto loan portfolio
[Finance][Investment] Japanese lender SMFG eyes Philippines, India in Asia growth push
[Finance][Tech][Acquisition] DTI, DICT tap blockchain firm
[Finance][PE] FMO proposes $20m investment in PH-focused Navegar’s new PE fund
[Finance][Tech] BitMEX Ventures invests in Crypto Exchange licensed by Philippines Central Bank

Tech – USD0.0m
[Tech][Finance][Acquisition] Chinese fintech firms eye rural banks in Philippines to crack e-payments
[Tech][Partnership] AGI eyes tie-ups with tech firms
[Tech][Finance][Acquisition] DTI, DICT tap blockchain firm
[Tech][Transportation][Reorganization] CEO of Philippine ride-hailing app steps aside
[Tech][Finance] BitMEX Ventures invests in Crypto Exchange licensed by Philippines Central Bank 

Education – USD2.9m 
[Education][Investment] AMA invests P150M on online education 

Healthcare – USD43.9m
[Healthcare][Divestment] Metro Pacific Hospital makes tender offer for shares in Makati Medical owner
[Healthcare][Divestment] Philippines’ Metro Pacific eyes $2 billion valuation in hospital unit stake sale
[Healthcare][Acquisition] Ayala Healthcare expands, invests in US-based firm
[Healthcare][Acquisition] Ayala’s higher stake in Generika gets PCC OK

Retail, F&B – USD89.8m
[F&B][Acquisition] Macay Holdings eyes mergers, acquisitions
[F&B][IPO] Mario’s Kitchen operator rekindles IPO plan
[F&B][Acquisition] Shakey’s completes food chain purchase
[F&B][IPO] Tiu hopes to take The Big Chill public this year

Agribusiness – USD0.0m

Logistics & TransportationUSD38.1m
[Logistics][Investment] Chelsea investing $34 million in two new ships
[Logistics][Acquisition] Singaporean logistics provider plunks P210 million in PHL business
[Transportation][Acquisition] Romero ups stake in AirAsia PHL operator ahead of planned IPO
[Transportation][Tech][Reorganization] CEO of Philippine ride-hailing app steps aside

OtherUSD0.0m
[Consumer][Expansion] E-cigarette maker Juul enters Philippine market
[Conglomerate][Fundraising] MHC seeks to raise P1.2B from private placement
[Utilities][Partnership] Manila Water inks deal with weather data provider
[Conglomerate][Fundraising] Aboitiz will issue more bonds to raise capital
[Infrastructure][Expansion] PH infra firm to put up unit in China
[Gaming][Acquisition] Palmary acquires minority stake in PhilWeb
[Marketing][Investment] Pacquiao headlines new PH start-up company 

Aggregate Deal Values = USD769.3m

 Note: Deal values only include disclosed completed deals. Rumored, announced, or planned deals not included.

*USD1.00 = PHP51.52